927 Goodale AveClawsonMI48017
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Clawson at 927 Goodale Ave, Clawson, MI, 48017 offers a 11.66% rental yield on a $310,000 purchase with $3,013/mo rent. Total monthly income registers $3,013/mo, and a $1,517/mo payment leaves $969/mo available for distribution. Annual cash flow reaches $11,628/yr on $102,765 to close, and return on cash invested stands at 31.22% in year one. Equity gained on principal adds $2,000/yr while 5% annual appreciation supports $85,647 over five years. Portfolio math shows five-year ROI at 164.04% and total cumulative return in cash at $168,571. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,013/mo property income against a $1,517/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48017, Clawson, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,875 (100%) |
| Owner Occupied HU | 4,389 (74.7%) |
| Renter Occupied HU | 1,325 (22.6%) |
| Vacant Housing Units | 161 ( 2.7%) |
| Median Home Value | $264,906 |
| Average Home Value | $314,004 |
Housing Distribution
Address Breakdown
Residential
5,744
Single Family
4,944
Multi-Family
800
Businesses
479
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices